Sri City Electronics Manufacturing Cluster, Andhra Pradesh

Sri City Electronics Manufacturing Cluster, Andhra Pradesh


Size of the Cluster – Approx 100 acres


Location

  • Road
    • 55 kms from Chennai seamlessly connected by NH-5
  • Port
    • 50 kms from Ennore Port connected by NH-5
    • 52 Kms from Kattupalli Port
    • 65 kms from the major port of Chennai connected by NH-5
    • 100 kms from Krishnapatnam Port connected by NH-5
  • Airport
    • 75 kms from Chennai International Airport connected by NH-5 and NH-45
    • 75 kms from Tirupati Airport connected by State highways
  • Rail
    • Broad-gauge Railway Connectivity


Robust World-Class Infrastructure

  • Robust network of 10/6/4/2 lane internal roads
  • 24 x 7 supply of treated water
  • Stable power supply
  • Efficient sewerage systems


Click on the image to view the enlarged Location Map

State Government Incentives

  • MSIPS - grant from Central Govt of 25 % of cost of Building and Machinery only
  • AP Govt also gives 30 % of capital cost (building and machinery) subject to maximum of Rs. 2500 million (38 Million USD). This is 25 % for non-mega projects.
  • Power subsidy - 25 % of actual power bills reimbursed for 5 years
  • Stamp duty reimbursement - Refund of land registration fee by AP Govt
  • VAT - no VAT for 10 years ( reimbursement basis)
  • Training grant - Rs 10,000 per worker from AP (subject to MOU with AP Govt)
  • Partial assistance for ISO 9000 or similar certification
  • Under section 32AD of the Income Tax act, units in Sri City will be eligible for 15% of higher additional depreciation and 15% investment allowance on the cost of plant and machinery.
  • Exempted from inspections from Statutes like Factories Act, Minimum Wages Act, Labour Act etc.. and is declared as Essential Service in AP.
For more information on Andhra Pradesh electronic policy visit http://www.apiic.in/wp-content/uploads/2015/06/Electronics-Policy-2014-2020.pdf


For additional information on above, please contact Electronic Industries Association of India. Email yogesh@elcina.com

 






 
     
 
 

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